Skip to content

Near is a decentralized application platform project. Its blockchain operates under a modified Proof of Stake consensus, called Nightshade, aimed at offering low fees as well as some better scalability. Its protocol is designed to be easy to use and to make applications usable on the web. The Near platform makes it possible to store and calculate informations on high-value assets while offering maximum security. Near uses a technique called partitioning which consists in fragmenting the network. So calculations can be done in parallel and network throughput increases as the number of nodes increases!

Last Page Update

October 19, 2021

Founder(s)

Alex Skidanov, Illia Polosukhin

Mainnet Launch

April 2020

Consensus

Proof of Stake (PoS), Nightshade

Architecture

Multi-chain (Shards)

Security

Shared

Validators

~59

Type

Sharding

VM/Dev

WASM, Aurora (EVM)

TPS

100000

Economics

Variable Tx Fees

Avg Tx Fee

~$0.0002

Rating:

Transaction speed and network scalability

5/5

Operating mechanism and validators

5/5

Functioning of the economy and distribution

3/5

Scope of the ecosystem and partners

2/5

Team experience and community strength

3/5

Cost of transaction fees (the higher the score is, the lower the fees are)

5/5

Cryptocurrency:

Blockchain Categories:

0
Tags
Platform
Smart Contracts
Payments
Can be Staked ?
Yes
0 %
Annual Interest

Community rating:

0
Noté 0 sur 5
0 out of 5 stars (based on 0 reviews)
Excellent 0%
Very good 0%
Average 0%
Poor 0%
Terrible 0%

There are no reviews yet. Be the first to write one!

Related topics:

Ethereum
Ethereum
Near Protocol Logo
Near Protocol
Binance Coin Logo
Binance Smart Chain
Cardano Logo
Cardano
Solana Logo
Solana
Cosmos Atom Logo
Cosmos
Fantom Logo
Fantom
Elrond Logo
Elrond
Avalanche Logo
Avalanche
Polkadot Logo
Polkadot